European loan market relives 1994

Loan volumes in Europe have dropped to 1994 levels and continue to lag the remarkable burst of issuance in the corporate bond market, Dealogic disclosed in new data this week.

10 Sep 2009

The number of syndicated loans to European borrowers — 569 — is down by 52%, a level not seen since 1994. In terms of global share, European loans accounts for 17% of all deals, the lowest proportion since 1998.

The European corporate bond market, meanwhile, has reached $446.3bn
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